Interesting point raised by Gary Glover on youtube yesterday.
ie: what the markets are telling us about inflation right now ?
Need to go back to 1970's to see the similarities.
The following slide shows which sectors did well in the 70's during very high (inflation / Interest rates).
We are seeing similar advances in Energy & Precious metals.
What is not present right now is the high annual changes in CPI's.
Interesting point raised by Gary Glover on youtube yesterday.ie:...
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7,851.7 |
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| Open | High | Low |
| 7,863.7 | 7,870.2 | 7,841.5 |
| XJO (ASX) Chart |